Form 4: TotalEnergies SE Reports Acquisition of Clearway Energy, Inc. Shares

TotalEnergies SE and related entities report the acquisition of 831 shares of Clearway Energy, Inc. Class C Common Stock to cover tax obligations.

Summary

• TotalEnergies SE and related entities filed a Form 4 detailing changes in beneficial ownership of Clearway Energy, Inc. (CWEN) shares.
• The report indicates the acquisition of 831 shares of Class C Common Stock on January 15, 2025, at a price of $25.25 per share.
• These shares were withheld to satisfy tax obligations related to the vesting of restricted stock previously granted by Clearway Energy Group LLC to its employees.
• The reporting persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
• Following the reported transaction, TotalEnergies SE and related entities beneficially own 114,199 shares indirectly through Clearway Energy Group.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral to slightly positive sentiment due to continued investment.

Positives

• The acquisition of shares demonstrates continued investment and involvement by TotalEnergies SE in Clearway Energy, Inc.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders, providing transparency to the market.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares acquired for tax purposes.

Key Dates